XAUUSD / GOLD – 1H SELL PROJECTION | 17.08.2026
The 1-hour chart is showing a bearish setup after Gold faced strong rejection near the 4400–4402 resistance zone.
Resistance R1: 4402.25 – Gold attempted to move above this area but failed to sustain the bullish momentum.
An Evening Star-type bearish reversal formation is visible near the resistance, suggesting buyers are losing strength and sellers may take control.
Current/Entry Zone: around 4393–4396. As long as price remains below 4402.25, the short-term bearish projection remains valid.
Target 1 / Support S1: ~4386
Target 2 / Support S2: ~4376
Target 3 / Support S3: ~4365.83
Expected Movement
4393–4402 rejection → 4386 → 4376 → 4365.83
If Gold gives a strong 1H close above 4402.25, the sell setup becomes weaker and price could attempt another bullish move toward the 4412–4416 region.
Overall Bias: 🔴 Bearish below 4402.25
Key confirmation: Rejection from resistance + bearish candle structure
Major downside target: 4365.83
The 1-hour chart is showing a bearish setup after Gold faced strong rejection near the 4400–4402 resistance zone.
Resistance R1: 4402.25 – Gold attempted to move above this area but failed to sustain the bullish momentum.
An Evening Star-type bearish reversal formation is visible near the resistance, suggesting buyers are losing strength and sellers may take control.
Current/Entry Zone: around 4393–4396. As long as price remains below 4402.25, the short-term bearish projection remains valid.
Target 1 / Support S1: ~4386
Target 2 / Support S2: ~4376
Target 3 / Support S3: ~4365.83
Expected Movement
4393–4402 rejection → 4386 → 4376 → 4365.83
If Gold gives a strong 1H close above 4402.25, the sell setup becomes weaker and price could attempt another bullish move toward the 4412–4416 region.
Overall Bias: 🔴 Bearish below 4402.25
Key confirmation: Rejection from resistance + bearish candle structure
Major downside target: 4365.83
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.